Gensler suggests Bitcoin ETF filings limited to CME-traded futures would be welcomed by SEC.
It is hoped that BNY Mellon will provide transfer agency and ETF services when the fund converts to an ETF.
Increase in institutional demand highlights growing legitimation of bitcoin.
There has been more institutional volume than anticipated.
BTCE Bitcoin product will be available to trade on the Aquis Exchange MTFs in London and Paris.
There has been strong uptake for the new contract in its first month.
SEC has not approved a Bitcoin ETF in the US.
CME Micro Bitcoin futures launch on May 3.
Bill Powers has joined digital asset manager Arca as principal and strategic advisor.